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Foreign buyers ‘big players’ in Q1 housing market: NAB

International buyers were the “bigger players” in the Australian housing market during the first quarter, according to the major bank.

Australia ranks second highest for ‘housing market risk’: IMF

The IMF has ranked Australia’s housing market as being the second most high-risk country of 27 countries, which CoreLogic attributes to five reasons.

Construction costs ‘biggest constraint’ for housing development: NAB

Costs for construction continue to be the main constraint for new housing development in Australia, NAB’s latest property survey highlighted.

Housing affordability concerns reach ‘record highs’: Property Council

A new survey has revealed more than 40 per cent of firms rate housing affordability and supply as the most critical issue for both the federal and state governments.

Home values lift to $9.4tn

Australia’s residential real estate value rose to $9.4 trillion in March, according to CoreLogic.

Building industry reports record turnover amid backlog

Despite new building commencements plunging in the December quarter 2022, the building industry has reaped profits, ABS data has revealed.

Investor lending down nearly 40% in Qld

An investment executive has raised the alarm that property investing is collapsing in the Sunshine State.

Mortgages are ‘enablers’, not handcuffs: Finni Mortgages

While an increasing number of Australians could find themselves in ‘mortgage prison’, chief executive at Finni Mortgages said it’s important to shift the mindset.

NSW Labor reveals new housing minister

Following the Labor Party’s victory at last month’s election, the Minns government has announced its full ministry, including the new housing minister.

Home values rise, breaking 10 months of decline: CoreLogic

CoreLogic’s Home Value Index has recorded the first month-on-month increase in national home values since April 2022.

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